TL;DR: The massive financial investments in AI are not at all economically sustainable and are creating a mayor financial bubble
See also: “The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns”
https://www.techspot.com/news/109626-ai-bubble-only-thing-keeping-us-economy-together.html
See also:
Leading UK tech investor warns of ‘disconcerting’ signs of AI stock bubble
Everyone watching the economic side of the AI hype:
That hollow-eyed, permanently hangdog look on Altman’s face was put there by destiny, or perhaps some deeply wry butterfly flapping its wings. That sorry SOB will be strung up by the Turd Reich once he makes them look bad enough, I’ll bet.
there are data-center companies that are collateralizing their loans by staking their giant Nvidia GPUs as collateral.
More background information: https://www.youtube.com/watch?v=ewbWx_DQxAk
